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Home 🌿 Marijuana Business News 🌿 Legal Marijuana Used Over $6 Billion in Energy Last Year, Report Says 🌿Legal Marijuana Used Over $6 Billion in Energy Last Year, Report Says
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The subscription service is currently unavailable. Please try again later.Legal indoor marijuana grows are consuming energy at an exorbitant rate, according to a recent report by a cannabis industry data provider.
While most of legalized marijuana's effects on communities are measured in terms of dollars and crime statistics, electricity usage is becoming an issue of growing concern among environmentalists and industry folk alike. According to pot data firm New Frontier, the marijuana industry used over $6 billion in energy last year, or around 1 percent of the country's energy output– and that number is only expected to grow.
“Both operators and legislators will need to be very mindful of the high energy demands of the legal cannabis industry," New Frontier Founder Giadha Aguirre De Carcer said in a statement. "Companies that adopt the most energy efficient practices will have an important cost advantage as the industry becomes more competitive and prices fall, and states that prioritize energy efficiency will...
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